Skip to content

National Business

Record deficit, economic stimulus and other highlights of Quebec's 2025-26 budget

Record deficit, economic stimulus and other highlights of Quebec's 2025-26 budget

QUÉBEC — Quebec Finance Minister Eric Girard introduced his budget on Tuesday, under a cloud of possible U.S. tariffs on Canadian goods that he forecasts will average 10 per cent in the next two years. Here are some highlights: — Deficit of $13.
Read more >
Federal Court of Appeal upholds decision to boost accessibility at Air Canada

Federal Court of Appeal upholds decision to boost accessibility at Air Canada

MONTREAL — The Federal Court of Appeal has upheld a decision by the country's transport regulator that aims to boost accessibility for air travellers living with a disability.
Read more >
Trade war with United States pushes Quebec budget into record $13.6-billion deficit

Trade war with United States pushes Quebec budget into record $13.6-billion deficit

QUÉBEC — Against the backdrop of U.S. tariff threats, the Quebec government tabled a budget on Tuesday with a record $13.6-billion deficit and billions of dollars in new infrastructure spending to stimulate the economy.
Read more >
WestJet pilots ask judge to nix approval of temporary foreign workers in the cockpit

WestJet pilots ask judge to nix approval of temporary foreign workers in the cockpit

MONTREAL — The union representing WestJet pilots has asked a judge to quash federal approval of temporary foreign workers in the cockpit, despite a global flight crew shortage.
Read more >
Judge orders a June trial for US government's felony case against Boeing

Judge orders a June trial for US government's felony case against Boeing

A federal judge in Texas has set a June trial date for the U.S. government's years-old conspiracy case against Beoing for misleading regulators about r the 737 Max jetliner before two of the planes crashed, killing 346 people. U.S.
Read more >
S&P/TSX composite rises Tuesday, U.S. stock markets also higher

S&P/TSX composite rises Tuesday, U.S. stock markets also higher

TORONTO — Canada's main stock index rose Tuesday, helped by gains in base metal stocks, while U.S. markets were also higher, holding onto the gains from Monday's rally as the next deadline for U.S. tariffs looms in just over a week.
Read more >
Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

Stock market today: Wall Street drifts and Trump Media jumps despite souring moods for US consumers

NEW YORK (AP) — Wall Street followed up one of its best days of the last year with a quiet performance. The S&P 500 rose 0.2% Tuesday after jumping 1.8% Monday on hopes that President Donald Trump’s tariffs may not be as sweeping as feared.
Read more >
Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay is liquidating most of its stores. Here's what you need to know

Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.
Read more >
Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

WASHINGTON (AP) — President Donald Trump on Tuesday downplayed the texting of sensitive plans for a military strike against Yemen's Houthis this month to a group chat that included a journalist, saying it was “the only glitch in two months” of his ad
Read more >
Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

WASHINGTON (AP) — U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation .
Read more >